Pulse Announces It Will Increase Component Prices
2008-07-24 07:00:00
Pulse Announces It Will Increase Component Prices
SAN DIEGO–(EMWNews)–Pulse, a Technitrol (NYSE: TNL) Company, a worldwide leader in
electronic component and subassembly design and manufacturing, announced
that it plans to increase prices of its components at least 10%
worldwide, depending on the product, due to the skyrocketing costs of
sub-components, consumables, energy, and labor. Worldwide distribution
prices were increased in July and direct customer notifications are
under way.
“We are not alone in experiencing severe cost
pressures in manufacturing and in needing to raise prices,”
said Dan Jackson, vice president of worldwide sales. “Government-mandated
wage increases, rising supplier costs, and well-publicized high fuel
prices can no longer be absorbed. In the interest of our stakeholders,
we must increase prices just to keep pace. Going forward, Pulse will
closely monitor and match costs and pricing.”
About Pulse
Pulse, a Technitrol (NYSE: TNL) Company, is a worldwide leader in
electronic component and subassembly design and manufacturing. Pulse’s
wide array of power and signal products are used in computer networking
as well as in communications, power conversion, defense, aerospace,
automotive, acoustics, medical devices, and consumer electronics. With
state-of-the-art custom designs and catalog products, Pulse is a
complete source for electronic OEMs, contract manufacturers, and ODMs.
Pulse is a participating member of IEEE, ATIS, ETSI, HDMI, the DSL
Forum, CommNexus, and MoCA.
Copyright ©2008 Pulse Engineering, Inc. All
rights reserved. All brand names and trademarks are properties of their
respective holders.
Cautionary Note: This message contains ‘forward looking
statements’ within the meaning of the Private Securities Litigation
Reform Act of 1995. Actual results may differ materially. This release
should be read in conjunction with the factors set forth in Technitrol’s
report on Form 10-Q for the quarter ended March 28, 2008 in Item 2 under
the caption “Factors that May Affect
Our Future Results (Cautionary Statements for Purposes of the ‘Safe
Harbor’ Provisions of the Private Securities Litigation Reform Act of
1995).”
Pulse Sales 858-674-8373 Marketing, Inc. |
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